News and Views
Recent Price Movement and Market Comparison
RattanIndia Enterprises has been on a downward trajectory over the past week, losing 5.39% compared to a near-flat performance of the Sensex, which edged up by 0.01%. The stock’s decline is even more pronounced over longer periods, with a one-month loss of 20.68% against the Sensex’s 2.70% gain, and a year-to-date drop of 35.74% while the benchmark index rose by 9.69%. Over the past year, the stock has plummeted by 42.56%, starkly contrasting with the Sensex’s 4.83% increase. Even over three years, RattanIndia’s returns have been negative at -17.82%, whereas the Sensex has surged by 36.41%. These figures underscore the stock’s sustained underperformance relative to the broader market.
On the day in question, the stock underpe...
Read More
